After Take-Two denied EA bid for take-over, and then moved there annual stock holders meetings to April 18th, which further more delayed the negotiations. EA has given Take-two an extension and a dead line for their offer, midnight April 19th.

“The actions of the Take-Two Board may increase the risk for their stockholders by delaying a potential transaction,” said EA’s senior vice president of corporate development Owen Mahoney.

“We continue to believe that our $26.00 per share offer price is full and fair, and that a transaction between Take-Two and EA is the most compelling combination financially, strategically and operationally for all parties.”